1116 Leigh St
Long Beach, MS 39560
List Price
$196,900
Initial Investment
$53,655Purchase Price
$196,900
Down Payment
25%
Rent
$1,550
Total Return
$50,331
Annualized Return
15.0%
Cap Rate
6.8%
Gross Yield
9.4%
Cash Flow
$1,941
Appreciation
3.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
9,745
HOA
None
Flood Risk
High Risk - Zone AE
Beautiful Home in Long Beach. Newly renovated!!! 3 bedrooms, 2 full bathrooms and a Bonus room with brand new LVP flooring, large family room with a fireplace, new roof and AC unit in 2021. Shed in the back yard with power, fenced back yard. Transferable flood insurance $763 per year. House never been flooded and its ready to move in!
See more in Analysis
Monique Maselle Kelly
CENTURY 21 Maselle & Associates
MS Agent License #S-44457
Annual Financial Highlights
Expected Rent
$17,670Expenses
-$3,224Property Taxes
-$1,800Loan Payments
-$10,705Net Cash Flow
$1,941See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
Similar Listings
Listing Courtesy of:Mariely Plaisance
Agent License S51989
Sunset Mississippi Realty, LLC
Agent License S51989
Sunset Mississippi Realty, LLC
Certified Agent Brokerage:Monique Maselle Kelly
CENTURY 21 Maselle & Associates
MS Brokerage License B-9203
CENTURY 21 Maselle & Associates
MS Brokerage License B-9203
SourceMLS United
MLS #4059176
Last Updated: 09/29/2023 03:09
MLS #4059176
Last Updated: 09/29/2023 03:09